The author did link to a much more detailed explanation: http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement http://www.shadowstat

The author did link to a much more detailed explanation: http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement http://www.shadowstats.com/article/no-438-public-comment-on-... I skimmed it, it’s a lot to take in. In general it seems like the author doesn’t explore deeply why the academics wanted to change the inflation measure and takes for granted that it was simply ivory tower twiddling combined with political machinations. I feel like I am not getting a full picture. But I haven’t understood the author’s thesis in enough detail to comment rigorously. Subjectively my personal experience over the last 20 years seems more in line with government stats than the author’s shadow stats: generally low inflation with a lot of volatility in certain commodities, and upward pressure in housing, combined with stagnant wages. Inflation at 10% over the last 20 years doesn’t really pass the sniff test considering my memory of prices in 2000.